Barry Diller donates $30 million to Motion Picture and Television Fund
June 07, 2012
The chairman of IAC/InterActiveCorp, Barry Diller, recently made a $30 million donation through the Diller-Von Furstenberg Family Foundation to aid the Motion Picture and Television Fund (MPTF) in its fundraising campaign.
"[It] seems impossible to me to have had success in the entertainment industry and not strongly support the MPTF," said Diller, as reported by The Wall Street Journal. "I'm just glad and happy to be able to do so."
Earlier this year, the MPTF announced its goal of raising $350 million by 2015 to sustain operations and activities. The fund serves as a safety net for entertainment industry members through financial assistance and services. Many of the MPTF's beneficiaries are part of the baby boomer generation, which could put a strain on resources as they age and require more support.
The fundraising campaign focuses on four goals - providing healthcare to those who need coverage, ensuring the continuity of charitable programs and services, raising capital for hospital and treatment facilities and ensuring the fund's future sustainability.
Similar organizations that are launching fundraising campaigns might benefit from the use of fund accounting
software, which can make it easy to generate reports about current efforts.